Bitcoin News, Price Analysis and Prediction for August 27th: BTC Will Test New Support

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After peaking at $12,000 earlier this month, Bitcoin is once again hovering over the $10,000 level making everybody nervous. BTC/USD is currently trading at $10,290 on Bitstamp with relatively low volume. Overall the market is looking healthy which comes to no surprise since Bitcoin seems to love the current range. Bitcoin News When it comes to Bitcoin news, there is a recent report from Coindesk about a 25 year old seller who is facing life in prison for exchanging $25 million between cash and crypto. The government has been cracking down on unlicensed bitcoin dealers for quite some time now,